UK

Wealth managers are becoming increasingly concerned about allocating towards the Neptune Income fund, amid Hargreaves Lansdown's decision to remove the fund from its Wealth 150 list earlier this week.

Ignis Asset Management is preparing to expand its product range as it reports profits for the first half of the year were unchanged from H1 2012.

The Financial Conduct Authority (FCA) has reached an agreement with insurance provider Card Protection Plan (CPP) and 13 high street banks and credit card issuers which will result in a £1.3bn redress scheme for people mis-sold CPP's Card Protection and...

Edward Bramson is to stand down from his role as chairman of F&C Asset Management, to be replaced by Kieran Poynter.

The leader of a £1.5bn bid to take over 315 branches up for sale by Royal Bank of Scotland (RBS) has warned the lender it must take the offer seriously.

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ON UK GROWTH

Measures to increase confidence in the UK housing market could herald a new house price bubble, economists have warned.

Fitch Ratings has said any potential break-up of Royal Bank of Scotland (RBS) is 'unlikely' as the costs and risks would outweigh the benefits.